Page 5 - Latest Updates on Nirmala Sitharaman
I-T relief fuels consumption Budget: FM focuses on agri, MSMEs, exports
FM Sitharaman targets FY26 fiscal deficit at 4.4% of GDP
Pragmatic and sensible: FM Sitharaman incentivises growth beyond govt capex
By providing an effective tax cut of Rs 1 trillion to the middle class, the FM will improve consumer confidence and boost consumption
Noble intentions, but questions remain: Budget's allocations fall short
This was an opportune moment to get rid of the old tax system entirely and move fully to the new one. A broad-based, low-rated, and less differentiated tax structure is the need of the hour
Of tax relief, transparency and promises: A Budget focused on clarity
The regret about this Budget is that it once again shies away from renewing its commitment to strategic disinvestment
Betting on the middle class: Budget fuels growth with consumption boost
While public capex has been retained at its elevated level, it appears that the finance ministry believes that without a more direct push to household demand, growth will subside to unacceptable level
Budget at a glance: Here're the key numbers from Union Budget 2025
FM announced significant income tax cuts for the middle class and unveiled a blueprint for next generation
New Income Tax Bill to be introduced next week, says FM Sitharaman
The minister had previously announced in July last year that a comprehensive review of the Income Tax Act of 1961 would be completed within six months
Budget: Bihar gets the lion's share; tax relief with eye on middle class
The projects for Bihar in Budget 2025-26 add to the Rs 59,000 cr that the FM allocated to the state in July
Budget 2025: Govt to develop top 50 tourist spots, streamline e-visas
The land for building key infrastructure in these destinations will be provided by states
Budget 2025: Defence allocation sees marginal rise at 1.9% of GDP
It is unclear at the moment what portions of this year's capital budget the three services will receive, because the breakup is no longer separately marked in public documents
Tech leaders, startup founders, investors welcome Budget 2025-26
The Budget announced a new Fund of Funds (FoF) with an expanded scope of Rs 10,000 crore
More disposable income in hands: TDS threshold for senior citizens doubled
Taxpayers can now file updated returns for four years instead of the previous two
Budget 2025: Tax-free income limit under new regime rises to Rs 12 lakh
Old tax system remains unchanged
Budget 2025: FM takes 'transformative reforms' route to boost growth
The Budget proposed setting up a high-level committee for regulatory reforms to review all non-financial sector regulations, certifications, licences, and permissions
Budget 2025: FM cuts customs duty on 40 items to boost manufacturing
After a comprehensive review of the customs rate structure, the government has decided to remove seven tariff rates
Budget 2025: FM Sitharaman doles out gifts to boost activity at IFSC
Tax concessions extended till 2030; sops for relocation of MFs, ETFs, boost ODI issuance
A blueprint for Viksit Bharat: Budget 2025 focuses on growth, reforms
The Finance Minister has also been cognizant of the need to undertake regulatory reforms that are needed to ensure that the economy does not get bogged down and steams ahead
FM Sitharaman announces National Geospatial Mission, allocates Rs 100 cr
The announcement of the mission was welcomed by the geospatial industry that said it would be crucial for building smarter cities, with data-driven insights
Govt to form panel for regulatory reforms: FM in Union Budget speech
The objective is to strengthen trust-based economic governance and take transformational measures to enhance ease of doing business, especially in matters of inspections and compliances
Budget 2025: Investment, turnover limits for MSMEs hiked up to 2.5 times
Currently, over 1 crore registered MSMEs, employing 7.5 crore people and generating 36 per cent of our manufacturing, have come together to position India as a global manufacturing hub
